Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  WEC Energy Group    WEC

Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 06/22 10:04:01 pm
62.29 USD   +0.42%
06/07WEC ENERGY : honored with EEI's 2018 Emergency Assistance Award for ..
05/11WEC ENERGY GROU : Ex-dividend day for
05/07WEC ENERGY GROU : Report
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

WEC Energy Group Inc : Dividend Coverage: This Energy Company has Paid Dividend for 301 Consecutive Quarters; Will Trade Ex-Dividend on November 13, 2017

share with twitter share with LinkedIn share with facebook
share via e-mail
11/10/2017 | 01:51pm CEST

LONDON, UK / ACCESSWIRE / November 10, 2017 / Pro-Trader Daily takes a closer look at WEC Energy Group, Inc. (NYSE: WEC) as the Company's stock will begin trading ex-dividend on November 13, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding weekend) that is by latest at the end of the trading session on November 10, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:


Today, PRO-TD covers ex-dividend news on WEC. Get our free coverage by signing up at:


Dividend Declared

On October 19, 2017, WEC Energy's Board of Directors declared a quarterly cash dividend of $0.52 per share on the Company's common stock. The dividend is payable on December 01, 2017, to stockholders of record on November 14, 2017.

WEC Energy's indicated dividend represents a yield of 3.05%, which is substantially above the average dividend yield of 2.32% for the Utilities sector. This marks the 301st consecutive quarter ? dating back to 1942 ? that the Company will have paid a dividend to its stockholders.

Dividend Insights

WEC Energy has a dividend payout ratio of 67.3%, which indicates that the Company distributes approximately $0.67 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, WEC Energy is forecasted to report earnings of $3.29 for the next year, which is substantially above the Company's annualized dividend of $2.08 per share.

For the nine months ended September 30, 2017, WEC Energy's net cash provided by operating activities totaled $1.75 billion compared to $1.72 billion in the year-ago period. As of September 30, 2017, the Company had total cash and cash equivalents worth $18.1 million compared to $37.4 million as on December 31, 2016. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for WEC Energy

On October 31, 2017, the Wisconsin Electric's Board of Directors declared a quarterly cash dividend of $0.90 per share on the Company's Preferred Stock, 3.60% Series, payable December 01, 2017, to stockholders of record on November 14, 2017. The Board also declared a quarterly cash dividend of $1.50 a share on the Company's 6% preferred Stock, payable January 31, 2018, to stockholders of record on January 12, 2018.

Wisconsin Electric, doing business as We Energies, is a subsidiary of WEC Energy. The Company serves more than 1.1 million electric customers and more than 460,000 natural gas customers in Wisconsin.

About WEC Energy

WEC Energy, based in Milwaukee, is one of United States' premier energy companies, serving 4.4 million customers in Wisconsin, Illinois, Michigan, and Minnesota. The Company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. WEC Energy founded in 1981 has approximately $30 billion of assets, 8,500 employees, and 55,000 stockholders of record. The Company was formerly known as Wisconsin Energy Corp. and changed its name to WEC Energy Group, Inc. in June 2015.

Stock Performance

At the closing bell, on Thursday, November 09, 2017, WEC Energy's stock marginally rose 0.09%, ending the trading session at $68.23. A total volume of 1.47 million shares have exchanged hands. The Company's stock price surged 6.88% in the last three months, 12.24% in the past six months, and 21.34% in the previous twelve months. Moreover, the stock rallied 16.33% since the start of the year. The stock is trading at a PE ratio of 22.41 and has a dividend yield of 3.05%. The stock currently has a market cap of $21.53 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

© Accesswire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on WEC ENERGY GROUP
06/19WEC ENERGY GROUP, INC. : Regulation FD Disclosure, Financial Statements and Exhi..
06/07WEC ENERGY GROUP, INC. : Other Events, Financial Statements and Exhibits (form 8..
06/07WEC ENERGY : honored with EEI's 2018 Emergency Assistance Award for Puerto Rico ..
06/05WEC ENERGY : Wisconsin Energy Companies Plan 300 MW Of Solar
05/14WEC ENERGY GROUP, INC. : Regulation FD Disclosure, Financial Statements and Exhi..
05/11WEC ENERGY GROUP : Ex-dividend day for
05/10WEC ENERGY GROUP : Ex-Dividend Alert: WEC Energy Announced its 303rd Consecutive..
05/08WEC ENERGY GROUP, INC. : Submission of Matters to a Vote of Security Holders (fo..
05/07WEC ENERGY GROUP : Report
More news
News from SeekingAlpha
06/13In The MISO FERC Region, Take Entergy And Wisconsin Electric 
06/12May Update For My 92 Investment Rose Portfolio With Bonus Add On Future Purch.. 
06/06Utility stocks swirl lower, taking brunt of rising 10-year yield 
06/06FINDING 'VALUE' IN UTILITIES : One Investor's Value Criteria Is Another Investor.. 
05/28UTILITIES : Timely? Sector Comments Plus 3 Stocks To Consider 
Financials ($)
Sales 2018 7 649 M
EBIT 2018 1 675 M
Net income 2018 1 046 M
Debt 2018 11 956 M
Yield 2018 3,54%
P/E ratio 2018 18,92
P/E ratio 2019 17,83
EV / Sales 2018 4,13x
EV / Sales 2019 4,15x
Capitalization 19 655 M
Duration : Period :
WEC Energy Group Technical Analysis Chart | WEC | US92939U1060 | 4-Traders
Technical analysis trends WEC ENERGY GROUP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 65,0 $
Spread / Average Target 4,4%
EPS Revisions
Gale E. Klappa Chairman & Chief Executive Officer
Scott J. Lauber Chief Financial Officer & Executive Vice President
Molly Mulroy Chief Information Officer & Vice President
John F. Bergstrom Independent Director
Barbara Landers Bowles Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
WEC ENERGY GROUP-7.01%19 655
DUKE ENERGY CORP-7.94%54 279
IBERDROLA1.02%48 965
DOMINION ENERGY-17.42%43 682